1716 W Fir St - Convenience Store FOR SALE


Perry, OK 73077
$1,845,000 USD
972-860-9950
1716 W Fir St, Perry, OK for Sale
$1,845,000 USD
Convenience Store - FOR SALE
1/5
null | 6.5% Cap Rate

1716 W Fir St
Perry, OK 73077


OVERVIEW

Long-Term Passive Income Stream with ±13.5 Years Remaining on an Original 15-Year Term Zero Landlord Responsibilities with Absolute NNN Lease Structure Attractive 5% Rental Increases Every 5 Years Providing Built-In NOI Growth and Inflation Hedge Corporately Guaranteed by Dollar General Corporation (NYSE:DG), One of the Nation’s Largest Discount Retailers Larger “DG Market” Prototype Featuring Expanded Grocery, Fresh Produce, Meat & Household Essentials Offerings DG Market Format Designed to Capture Higher Customer Visit Frequency and Broader Daily Needs Shopping Strategically Positioned to Serve Rural Trade Area with Limited Nearby Grocery Competition Perry Benefits from Proximity to Stillwater and Oklahoma State University, Approximately 15 Miles Away Dollar General Continues Aggressive National Expansion with Thousands of Stores Nationwide and Ongoing Growth Initiatives

FOR SALE DETAILS

PRICE

$1,845,000 USD

PRICE/SF

$146 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Market

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.84 AC

LAND SF

80,150 SF

ZONING

-

APN/PARCEL ID

1190-00-000-000-0-090-00

ASK ABOUT THIS PROPERTY

Jason VitorinoSUMMIT REMore Info
972-860-9950

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Jason VitorinoSUMMIT REMore Info
972-860-9950

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.